I don't think the masses for buying these unknown extensions exist anymore.
There's been a major shift since 2006 (the .eu fiasco). At least .me and .co had some unique selling propositions. The .me ccTLD killed .name as a player but .name really had difficulty with the evolution of the web and drift from gTLDs towards ccTLDs. The repackaging of .co as in some way representing "company" or "commercial" might have been good for some but the reality is that such a venture would be trading heavily on the fears of the brand protection market (These are the registrations of big brand companies that appear in all new TLDs). The .co ccTLD has got some growth but I would expect its growth to slow over the next twelve months.
The key things for ccTLDs are these:
Economy.
Is there a thriving economy? What is the size of the market and the income?
Connectivity.
What percentage of the population have internet access and how is that access quantified? (Dial-up/Broadband/Wifi etc).
Domain Footprints.
How many domain names are registered in the local ccTLD and what is the ccTLD to gTLD registrations ratio?
Distance of local languages from English.
This is a tricky one and it is the rock on which a lot of newbie domainers perish. Having a killer English language keyword domain in a TLD where nobody speaks English is not as good as having an English language keyword domain in a ccTLD where English is widely spoken.
I think that many of these recently launched gTLDs and repurposed ccTLDs benefited from a bubble mentality and this accounted for their growth. With .eu being the peak of the bubble, you can see it deflate with .mobi, .asia, .tel.
Regards...jmcc
---------- Post added at 07:49 PM ---------- Previous post was at 07:43 PM ----------
I would certainly not underestimate Nigeria as an economy and .ng as an extension, this a country with 150 Mio. people a GDP growth of more then 10% and lots of potantial. The current policy of the registry is strange, however, you can get ANY .ng currently at 35K USD and it might well worth to buy.
I don't think so. The metric of ccTLD domains to population (domains per thousand of population) is one of the most misleading ways of judging a ccTLD because it ignores the problem of some people owning more than one domain name and hundreds of thousands owning none. Some registries such as Eurid love to use it to make it appear that their ccTLDs are massive successes when the reality is quite different.
The ccTLD markets follow a different set of rules to gTLDs in that these ccTLD markets are far better delinated, are not global, are highly dependent on registry regulations (the change in .cn regulations demonstrate that point well) and are very sensitive to market conditions.
Regards...jmcc